Question: 13) After learning about finances in grade 11, you decide to put money where your mouth is and at the end of every month invest

13) After learning about finances in grade 11, you decide to put money where your mouth is and at the end of every month invest $100 into the stock market for the next 48 years (until you retire). Assuming the market returns 8% per annum, compounded monthly, how much will you have after 48 years? [3]

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